Market Snapshot
Report generated March 2026
| Indicator | Value |
|---|---|
| Population | 126,967 ↓ 1.4% since 2020 |
| Median Household Income | $56,093 25% below national median |
| Median Home Value | $126,900 |
| Unemployment Rate | 6.7% |
| Median Age | 45.4 years |
| Housing Vacancy Rate | 11.4% |
| Total Land Sales (Past 12 Months) | 67 transactions |
| Active Listings | 109 properties |
| Avg Days on Market | 447 days |
Rural Land Sales (1+ Acres) (Mar 2025 – Mar 2026)
| Metric | Value |
|---|---|
| Median Price/Acre | $17,097 |
| Recent Sales | 67 transactions |
| Avg Days on Market | 182 days |
| Avg Parcel Size | 27.00 acres |
| Active Listings | 100 properties |
Recent Rural Land Sales
| Date | Acres | Price | $/Acre | Address | City |
|---|---|---|---|---|---|
| Mar 2026New | 4.20 | $118,000 | $28,095 | 155 Meadow Rd | Oakland |
| Mar 2026New | 1.20 | $43,000 | $35,833 | 0 Heaven Hill Dr | Somerville |
| Mar 2026New | 1.20 | $43,000 | $35,833 | 0 Heaven Hill Dr Lot 230 | Somerville |
| Feb 2026 | 17.94 | $275,000 | $15,329 | 1145 Bell Grove Rd | Oakland |
| Feb 2026 | 5.24 | $112,900 | $21,546 | Burnette Rd | Williston |
| Feb 2026 | 5.01 | $82,200 | $16,407 | 0 Coney Rd | Rossville |
| Jan 2026 | 5.00 | $135,000 | $27,000 | 0 Feathers Chapel Dr | Somerville |
| Jan 2026 | 11.24 | $145,000 | $12,900 | Lagrange Rd | Somerville |
| Jan 2026 | 13.70 | $117,000 | $8,540 | 0 Higgs Dr | Somerville |
| Jan 2026 | 5.00 | $57,000 | $11,400 | 1375 Asbury Dr #22 | Somerville |
| Date | Acres | Price | $/Acre | Address | City |
|---|---|---|---|---|---|
| Jan 2026 | 3.78 | $38,000 | $10,053 | 0 Washington Rd | Eads |
| Jan 2026 | 2.63 | $45,000 | $17,097 | Hickory Run Pl | Eads |
| Dec 2025 | 6.63 | $145,000 | $21,870 | 4 Andrew Rd | Mason |
| Dec 2025 | 29.87 | $230,000 | $7,700 | Lagoshen Dr | Moscow |
| Dec 2025 | 2.95 | $50,000 | $16,949 | 0 Centerpoint Dr | Mason |
| Dec 2025 | 4.00 | $85,000 | $21,250 | 1705 Good Springs Loop | Rossville |
| Dec 2025 | 5.00 | $100,000 | $20,000 | 5 Bell Grove Rd | Oakland |
| Nov 2025 | 5.00 | $175,000 | $35,000 | 3300 Clay Pond Dr | Oakland |
| Nov 2025 | 13.44 | $125,000 | $9,301 | 9 Highway 57 | Rossville |
| Nov 2025 | 747.00 | $2,614,500 | $3,500 | 747 Highway 196 S | Collierville |
| Nov 2025 | 9.42 | $650,000 | $69,002 | 64 Highway | Oakland |
| Nov 2025 | 5.37 | $65,000 | $12,104 | 0 Sinai Dr | Mason |
| Oct 2025 | 3.00 | $95,000 | $31,667 | 0 Hickory Grove Loop | Oakland |
| Oct 2025 | 2.74 | $125,000 | $45,621 | 64 Highway | Oakland |
| Oct 2025 | 2.74 | $125,000 | $45,620 | 0 Highway 64 #2 | Oakland |
| Oct 2025 | 2.74 | $125,000 | $45,620 | 0 Highway 64 | Oakland |
| Oct 2025 | 7.90 | $80,000 | $10,127 | 193 Highway Rd | Rossville |
| Oct 2025 | 8.24 | $35,000 | $4,248 | 0 Lester Rd | Somerville |
| Sep 2025 | 2.53 | $120,000 | $47,431 | 725 Aston Cross Dr | Eads |
| Sep 2025 | 2.53 | $120,000 | $47,431 | 725 Aston Cross Dr #97 | Eads |
| Sep 2025 | 5.00 | $109,900 | $21,980 | Burnett Rd | Williston |
| Sep 2025 | 2.00 | $76,000 | $38,000 | 420 Bob White Rd | Oakland |
| Sep 2025 | 13.40 | $250,424 | $18,688 | 3015 Yager Dr | Moscow |
| Sep 2025 | 1.81 | $63,500 | $35,083 | 440 Knights Bridge Ln E | Eads |
| Sep 2025 | 20.00 | $232,000 | $11,600 | /jones Chapel Dr | Williston |
| Sep 2025 | 6.73 | $32,600 | $4,844 | 0 Highway 59 | Somerville |
| Sep 2025 | 6.25 | $105,000 | $16,800 | 2895 Yager Dr | Moscow |
| Aug 2025 | 6.02 | $389,500 | $64,701 | 0 Main Street Highway St #196 | Gallaway |
| Aug 2025 | 12.00 | $130,000 | $10,833 | 4970 Sardis Dr | Somerville |
| Aug 2025 | 61.00 | $715,000 | $11,721 | 1865 Slayden Rd | Moscow |
| Aug 2025 | 3.88 | $50,000 | $12,887 | 0 Mount Pisgah Rd | Somerville |
| Aug 2025 | 92.13 | $430,708 | $4,675 | Ferge Dr | Somerville |
| Aug 2025 | 35.60 | $333,000 | $9,354 | 2265 Wirt Rd | Oakland |
| Jul 2025 | 5.13 | $265,000 | $51,657 | 12800 Mags Ln | Collierville |
| Jul 2025 | 11.30 | $150,000 | $13,274 | 0 Hays Rd | Moscow |
| Jul 2025 | 4.00 | $71,000 | $17,750 | 2215 Clay Pond Dr | Oakland |
| Jul 2025 | 1.57 | $85,000 | $54,140 | 35 Hickory Woods Ln | Eads |
| Jul 2025 | 30.00 | $180,000 | $6,000 | 2 Payne Rd | Rossville |
| Jul 2025 | 6.36 | $135,000 | $21,226 | Fertile Valley Rd | Somerville |
| Jun 2025 | 40.00 | $760,000 | $19,000 | 2720 Donelson Dr | Eads |
| Jun 2025 | 13.69 | $199,000 | $14,536 | 270 Country Club Rd | Somerville |
| Jun 2025 | 5.90 | $380,000 | $64,407 | 7335 Feathers Chapel Dr | Somerville |
| Jun 2025 | 11.00 | $190,000 | $17,273 | Feathers Chapel Dr | Somerville |
| Jun 2025 | 1.95 | $20,000 | $10,256 | 4955 Donelson Dr | Eads |
| May 2025 | 25.69 | $190,000 | $7,396 | 0 Old Jackson Rd | Somerville |
| May 2025 | 132.00 | $820,000 | $6,212 | 0 McFadden Dr | Oakland |
| May 2025 | 5.87 | $130,000 | $22,147 | 0 Dent Rd E | Eads |
| May 2025 | 11.30 | $48,500 | $4,292 | 680 Hays Rd | Moscow |
| May 2025 | 167.03 | $547,155 | $3,276 | 3205 Blalock Dr | Somerville |
| May 2025 | 6.03 | $225,000 | $37,313 | 0 Donelson Dr | Eads |
| May 2025 | 5.85 | $255,000 | $43,590 | 0 Dent Rd | Eads |
| Apr 2025 | 1.80 | $30,000 | $16,667 | 0 Fawn Rd | Oakland |
| Apr 2025 | 5.00 | $275,000 | $55,000 | 0 Highway 57 | Rossville |
| Apr 2025 | 14.86 | $365,000 | $24,563 | 8405 Highway 196 | Collierville |
| Mar 2025 | 42.04 | $84,700 | $2,015 | T3 Choctaw Dr | Jamestown |
| Mar 2025 | 37.66 | $335,000 | $8,895 | 5863 Highway 59 Hwy S | Covington |
| Mar 2025 | 20.00 | $294,000 | $14,700 | 8235 Highway 76 S | Somerville |
Suburban/Urban Land Sales (Under 1 Acre)
| Metric | Value |
|---|---|
| Median Lot Price | $95,000 |
| Recent Sales | 16 transactions |
| Avg Days on Market | 493 days |
| Avg Parcel Size | 0.50 acres |
| Active Listings | 9 properties |
Recent Suburban/Urban Land Sales
No recent sales data available for this period.
County Profile
| Demographic | Value |
|---|---|
| Total Population (2023) | 42,653 |
| Population (2020) | 41,990 |
| Population Growth | 1.58% |
| Median Household Income | $84,764 |
| Median Home Value | $316,000 |
| Total Housing Units | 18,087 |
| Vacant Housing Units | 1,357 |
| Housing Vacancy Rate | 7.5% |
| Median Age | 47.2 |
| Bachelor's Degree or Higher | 5,812 (13.6%) |
| Unemployment Rate | 6.7% |
Market Overview
Fayette County, Tennessee has a population of 42,653, which has grown 1.58% since 2020. The median household income is $84,764, above the national median of $74,580 by 13.7%. The housing vacancy rate of 7.5% suggests balanced market conditions. Fayette County is part of Tennessee's land market, attracting both local and out-of-state buyers. Recent rural land sales show a median price of $17,222 per acre, with properties averaging 59.30 acres. There are currently 109 active land listings in the county.
Related Resources
Nearby County Reports
Frequently Asked Questions
What is the current population of Fayette County, Tennessee?
As of the 2023 American Community Survey, Fayette County has a population of 42,653. The county has grown 1.58% since the 2020 Census, indicating a growing community.
What is the median household income in Fayette County?
The median household income in Fayette County is $84,764, which is 13.7% above the national median of $74,580.
Is Fayette County growing or shrinking?
Fayette County is growing. The population has increased 1.58% since 2020.
What is the housing market like in Fayette County?
The median home value in Fayette County is $316,000. The housing vacancy rate is 7.5%, which suggests balanced market conditions. The unemployment rate is 6.7%, reflecting the local economic conditions. Recent rural land sales (1+ acres) show a median price of $17,222 per acre. Suburban/urban lots under 1 acre have a median lot price of $95,000.
Does Reelvest buy land in Fayette County, Tennessee?
Yes! Reelvest Properties buys vacant land throughout Tennessee, including Fayette County. We make cash offers within 24-48 hours, close in 14-30 days, and pay all closing costs. Get your free cash offer today.
Data Sources: Market data reflects recent vacant land transactions in the county. Demographic data from U.S. Census Bureau American Community Survey (2023), Bureau of Labor Statistics (2025). Updated monthly.